Wednesday, May 05, 2010

BP Flouted US Safety Rules

By Jason Leopold
May 5, 2010

The troubles of oil giant BP are not limited to its Gulf of Mexico operations, where a deadly blast aboard a drilling rig two weeks ago ruptured an oil well 5,000 feet below the sea's surface and triggered a massive oil leak that is now the size of a small country.

Read on.

1 comment:

Anonymous said...

According to this article, BP spent about 1.8 Billion dollars on fines and settlements for these violations. BP also reports that they spent another 1 Billion on compliance.

BP just reported FIRST QUARTER PROFIT of 6.08 Billion.

The cost of doing business.